Despite the projection for a deficit budget in the upcoming fiscal year, the Treasurer for the City of Clinton does not believe that is how the year will end.
Clint Lichtenwalter says the projected deficit for the upcoming fiscal year is much less than the previous two years and notes while those projected deficits were greater, the City ended up in the black each time.
An approximate million dollar project that is coming this year is the water meter replacement project. Lichtenwalter indicates this will come from the Water Department budget and then will get broken down from a couple contributors from there.
Revenues are projected to be the same. Lichtenwalter indicates despite threats of cutbacks from the State, those never seem to happen. He indicates reserves are also projecting to be stronger in the upcoming fiscal year.
Finally, the self-funded health insurance is very strong and Lichtenwalter points out the pensions are looking very strong, especially in comparison to other municipalities across the state.
The Council approved the budget for the City and Warner Hospital and Health Services.
The Council also approved the purchase of portable and base radios for the fire department at a cost of just over $16-thousand. The purchase is thanks to a grant the fire department received.
